Key Takeaways
- In fiscal year 2022, Nippon Steel Corporation produced 44.68 million metric tons of crude steel, representing 31.8% of Japan's total crude steel output.
- JFE Steel Corporation manufactured 25.92 million metric tons of crude steel in 2022, contributing 18.5% to national production.
- Japan's total crude steel production reached 89.2 million metric tons in 2022, down 3.1% from the previous year due to global demand fluctuations.
- In 2023, Mitsubishi Heavy Industries delivered 12 LNG carriers with total gross tonnage of 1.8 million GT.
- Japan's shipbuilding output was 22.1 million gross tons in 2022, ranking second globally after China.
- Imabari Shipbuilding launched 150 vessels in 2022, totaling 8.5 million DWT.
- In 2022, Komatsu Ltd. produced 52,000 hydraulic excavators, with 40% over 50-ton class for mining.
- Caterpillar Japan (licensed) manufactured 15,000 construction dozers in 2022.
- Hitachi Construction Machinery output reached 28,000 units of wheel loaders in 2022.
- In 2022, Toyota Motor Corporation produced 1.8 million heavy-duty trucks over 8 tons GVW.
- Isuzu Motors manufactured 450,000 commercial trucks and buses in 2022.
- Hino Motors output of heavy trucks reached 120,000 units in fiscal 2022.
- Mitsubishi Heavy Industries delivered 12 F-35 aircraft assemblies in 2022.
- Kawasaki Aerospace produced 45 P-1 maritime patrol aircraft components in 2023.
- Japan's defense budget allocation for heavy industry procurement was ¥5.4 trillion in 2023.
Despite some declines, Japan's heavy industry remains a global leader in steel, shipbuilding, and machinery.
Aerospace and Defense
- Mitsubishi Heavy Industries delivered 12 F-35 aircraft assemblies in 2022.
- Kawasaki Aerospace produced 45 P-1 maritime patrol aircraft components in 2023.
- Japan's defense budget allocation for heavy industry procurement was ¥5.4 trillion in 2023.
- IHI Corporation manufactured 28 F-15J upgrade kits in 2022.
- Submarine construction by Mitsubishi Heavy: 2 units (Soryu-class) delivered in 2022.
- Kawasaki Heavy Industries built 1 Taigei-class submarine in 2023.
- Missile production (Type 12 ASM) reached 500 units by MHI in 2022.
- Radar systems output for defense: 120 units by NEC and Mitsubishi Electric in 2022.
- Defense export approvals first time: engines to Philippines worth ¥10 billion in 2023.
- Space rocket launches by JAXA with heavy industry: 4 H3 rockets in 2023.
- Fighter jet maintenance contracts: 250 F-2 aircraft serviced in 2022.
- Defense R&D spending on heavy weapons: ¥400 billion in 2022.
- Amphibious assault vehicle production: 30 Type 10 tanks by Mitsubishi in 2022.
- Employment in defense heavy industry: 250,000 in 2022.
- Hypersonic missile test prototypes: 5 by Kawasaki and IHI in 2023.
Aerospace and Defense Interpretation
Automobile Manufacturing
- In 2022, Toyota Motor Corporation produced 1.8 million heavy-duty trucks over 8 tons GVW.
- Isuzu Motors manufactured 450,000 commercial trucks and buses in 2022.
- Hino Motors output of heavy trucks reached 120,000 units in fiscal 2022.
- Japan's total heavy vehicle production was 2.9 million units in 2022.
- Commercial vehicle exports from Japan hit 1.4 million units in 2022, 55% trucks.
- Mitsubishi Fuso Truck produced 180,000 medium-heavy trucks in 2022.
- Bus production in Japan totaled 25,000 units, with 40% heavy-duty coaches in 2022.
- Heavy truck fuel efficiency improved 15% to 8.5 km/L average in new models 2023.
- UD Trucks (Volvo Group) output was 65,000 heavy-duty vehicles in 2022.
- Diesel engine production for heavy vehicles was 2.2 million units in 2022.
- EV heavy truck prototypes tested: 500 units by Toyota and Isuzu in 2023.
- Parts localization rate for heavy trucks in Japan was 85% in 2022.
- Heavy vehicle R&D investment totaled ¥800 billion in 2022.
- Aftermarket parts sales for heavy vehicles reached ¥3.5 trillion in 2022.
Automobile Manufacturing Interpretation
Heavy Machinery
- In 2022, Komatsu Ltd. produced 52,000 hydraulic excavators, with 40% over 50-ton class for mining.
- Caterpillar Japan (licensed) manufactured 15,000 construction dozers in 2022.
- Hitachi Construction Machinery output reached 28,000 units of wheel loaders in 2022.
- Japan's total construction machinery export was $12.5 billion in 2022.
- Kubota Corporation's tractor production for heavy farm use hit 180,000 units in 2022.
- Sumitomo Heavy Industries delivered 1,200 industrial robots for heavy manufacturing in 2023.
- IHI Corporation's gas turbine orders for power generation totaled 45 units in 2022.
- Heavy machinery R&D expenditure in Japan was ¥1.2 trillion in 2022.
- Mining equipment exports from Japan grew 12% to $4.8 billion in 2022.
- Tadano cranes production was 8,500 units in 2022, with 60% mobile cranes over 100 tons.
- Employment in heavy machinery sector was 1.2 million in 2022.
- CNC machine tools production by DMG Mori reached 12,000 heavy-duty units in 2022.
- Forklift production in Japan totaled 450,000 units, 70% heavy-duty models in 2022.
- Press machine output for automotive stamping was 2,500 units over 1,000 tons capacity in 2022.
- Komatsu's autonomous haul truck deployments reached 500 units globally from Japan base in 2023.
- Heavy forging equipment production by Japan Steel Works was 1,200 tons capacity presses in 2022.
- Industrial boiler manufacturing output was 3,200 units for heavy industry use in 2022.
Heavy Machinery Interpretation
Shipbuilding Industry
- In 2023, Mitsubishi Heavy Industries delivered 12 LNG carriers with total gross tonnage of 1.8 million GT.
- Japan's shipbuilding output was 22.1 million gross tons in 2022, ranking second globally after China.
- Imabari Shipbuilding launched 150 vessels in 2022, totaling 8.5 million DWT.
- Kawasaki Heavy Industries completed 8 VLCCs with 320,000 DWT each in fiscal 2023.
- New orders for Japanese shipyards reached 25.3 million GT in 2022, 45% for tankers.
- Container ship production in Japan was 1.2 million TEU capacity in 2022.
- Ship repair contracts for Japanese yards totaled 5.6 million GT in 2023.
- Average shipbuilding cost per CGT in Japan was $145 per unit in 2022.
- Eco-friendly vessel deliveries (LNG-fueled) by Japan reached 35 units in 2023.
- Modec Inc. delivered 4 FPSOs with 800,000 barrels storage in 2022 for offshore oil.
- Japan's offshore wind farm support vessel orders hit 20 units in 2023.
- Shipbuilding workforce in Japan was 180,000 in 2022, with 15% aging over 55.
- Tsuneishi Shipbuilding exported 90% of its 45 bulk carriers to international markets in 2022.
- LNG carrier orderbook for Japanese yards was 120 vessels as of end-2023.
- Shipbuilding R&D investment by METI-supported firms was ¥50 billion in 2022.
- Crude oil tanker deliveries from Japan totaled 4.2 million DWT in 2022.
- Digital twin technology implemented in 60% of new ship designs by Japanese yards in 2023.
- Namura Shipbuilding produced 30 handy max bulkers of 40,000 DWT each in 2022.
- Shipbuilding export revenue for Japan was ¥2.1 trillion in fiscal 2022.
Shipbuilding Industry Interpretation
Steel Industry
- In fiscal year 2022, Nippon Steel Corporation produced 44.68 million metric tons of crude steel, representing 31.8% of Japan's total crude steel output.
- JFE Steel Corporation manufactured 25.92 million metric tons of crude steel in 2022, contributing 18.5% to national production.
- Japan's total crude steel production reached 89.2 million metric tons in 2022, down 3.1% from the previous year due to global demand fluctuations.
- POSCO-Japan joint ventures produced 4.1 million tons of high-grade steel slabs in 2023 for automotive use.
- In 2021, Japan exported 46.3 million metric tons of steel products, with 25% directed to Asia-Pacific markets.
- Domestic steel consumption in Japan was 72.8 million tons in 2022, with construction sector accounting for 35%.
- Energy intensity for steel production in Japan improved to 18.5 GJ/ton in 2022 from 19.2 GJ/ton in 2019.
- Nippon Steel's seamless pipe production hit 1.2 million tons in 2022, primarily for oil and gas sectors.
- JFE Steel invested ¥150 billion in 2023 for hydrogen-based steelmaking R&D facilities.
- Japan's stainless steel production totaled 3.2 million tons in 2022, up 4.5% year-on-year.
- Godo Steel produced 2.8 million tons of long products like H-beams in 2022.
- Steel recycling rate in Japan achieved 99.5% for scrap-based electric arc furnace production in 2022.
- Average steel price in Japan (HR coil) was ¥95,000 per ton in Q4 2022.
- Kobe Steel's aluminum-steel hybrid production reached 500,000 tons equivalent in 2022.
- Japan's pig iron production was 62.4 million tons in 2022.
- Direct reduced iron (DRI) usage in Japanese steel mills increased to 1.1 million tons in 2023.
- Steel industry CO2 emissions in Japan totaled 180 million tons in 2022, targeting 30% reduction by 2050.
- Nisshin Steel's electrical steel sheet production for motors was 1.4 million tons in 2022.
- Import of steel semi-products to Japan was 12.5 million tons in 2022.
- Steel employment in Japan stood at 512,000 workers in 2022.
Steel Industry Interpretation
Sources & References
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